The 2021 edition of the GII shows the Islamic Republic advanced seven steps and now ranks 60th in terms of innovation among world countries.
Meanwhile, Knowledge-based companies and creative startups have grown over the past five years, and Iran has risen 45 steps in the Global Innovation Index. Switzerland topped the league table, followed by Sweden, the U.S., and the UK, said the report by the World Intellectual Property Organization (WIPO).
Among Asian economies, South Korea jumped to the fifth position, up from 10 in previous years. China was in the 12th position.